History Bookmarks Helo Incollege Instr.com Question 4 10 pts A firm is looking to replace its existing manufacturing machine Machine 1) with a new, more efficient model (Machine 23. Machine 1 can be sold for $1.25 million and has a book value of $975,000. Machine 2 costs $2.5 million delivered, has Initial setup cost of $350,000, and would require $200.000 testing expenses. The firm's tax rate is 32. Calculate the initial investment needed to replace Machine 1 Et View Insert Format Tools BIVA 25 T MacBook Air 898 18 1 11 3 $ 4 % 5 A 6 & 7 00 W 9 0 E R T Y U 1 0